2021 Industry Retention and Turnover 
DailyPay
APRIL 10, 2021
Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? Wholesale trade: 1.9%.
MP Wired For HR
OCTOBER 29, 2024
By incorporating workforce planning into financial models, organizations can predict costs related to hiring, training, and employee turnover, leading to more precise budgeting. Higher Employee Retention: Financial investments in employee development, guided by HR insights, can significantly enhance employee retention.
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DailyPay
JUNE 14, 2021
In our previous article, we discussed employee retention rate by industry and looked at which industries have the best and worst employee retention rates. In this article, we take a closer look at the health care industry. Market analysts say that health care’s turnover is second worst , only to hospitality.
Business Management Daily
MAY 31, 2021
It is being widely reported that a turnover tsunami is on the horizon. 27% of employees are planning to change jobs in 2021. Employers need to start taking steps now to minimize turnover in their organizations. Why mass turnover is on the horizon. Is a “turnover tsunami” really on the horizon?
Homebase
JUNE 22, 2023
Finding and keeping talented employees is an uphill battle for most hiring managers, regardless of the industry. That’s why employee retention is important, especially in the construction industry. That’s why employee retention is important, especially in the construction industry. What is employee turnover?
DailyPay
JANUARY 17, 2023
Since being well-staffed remains a challenge in the industry, employers should focus on how they can enrich the employee experience, leading to higher retention rates. High turnover rates can significantly increase costs for healthcare employers. Increase Employee Retention to Overcome Rising Labor Costs.
Payactiv
JANUARY 21, 2022
Ongoing health concerns and typically high turnover rates are leaving thousands of senior care facilities understaffed and overworked. Read how partnering with Payactiv results in a significant increase in employee engagement and retention. Source: OnShift Workforce 360 Survey, Fall 2021. Download Now. The Senior Stats.
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